Strategy And Marketing Strategy: Netflix's Competitive Advantage

Superior Essays
Register to read the introduction… Lead the expansion of internet delivery content by offering subscribers both mail delivery and a continuously improving internet delivery option (Netflix Overview, …show more content…
Netflix is achieving its competitive advantage by crafting a well-conceived strategy and the necessary vision to compete, survive and gain a competitive advantage over competing rivals. My case analysis is based upon the information gained from the textbook and reviewing the company’s website. Unfortunately, the information in the text book is quite a bit older than the current information on Netflix’s website. Viewing the company’s profile and financial growth over the last few years indicates that Netflix strategy and vision has been implemented successfully, achieving strong strategic growth and a sustainable competitive …show more content…
As a past customer of Netflix, I enjoyed many of these features. I do not like browsing through a video rental store. I find it difficult and time consuming trying to find an interesting movie. Netflix’s online software is structured to make recommendations on my previously viewed movies, thereby making the decisions for me. This is one strong feature that has strengthened Netflix’s competitive advantage.

In order for Netflix to survive in this competing market, they must capitalize and dominate the downloadable DVD business. Netflix has the ability and “know-how” to do this. Netflix has the software already in place for promoting their products online, now they need to implement a user friendly application for downloading movies to the consumer. The biggest obstacle I see, is getting them to a medium that consumers can use and watch on their current television. Another hurdle is the advances in high definition televisions. I enjoy watching high definition movies.

Related Documents

  • Improved Essays

    Although there are competitors in their sector Netflix has larger numbers due to their…

    • 507 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    Consumers are so willing to rent from redbox because redbox sells very inexpensive movies that everyone can purchase. Redbox is available in many locations. For example, at grocery stores, drug stores, and gas stations. One main reason why consumers rent from redbox is because redbox offers new releases and the latest movies. Redbox even offers video games for the Wii, PS4, XBOX one, and the XBOX 360.…

    • 134 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Have you ever wondered how Netflix suggests a movie for you? You would be incorrect if you thought it was a group of geniuses researching people from their computers all day. It would be too expensive for Netflix to pay them. Instead, Netflix uses the concept of correlation and a complex statistical algorithm to make suggestions. This algorithm tracks and groups people based on movies that they have similarly rated in the past and makes movie recommendations based upon those who have liked the same movies as you.…

    • 1741 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Three Circles Analysis I selected analyze the company Netflix, utilize a three circles analysis to address, the team’s consensus of what the most important customer’s needs or wants, from the product or service. The second circle represents the team’s view of how customers perceive the company’s offerings. The third circle represents the strategists’ view(s) of how customers perceive the offerings of the company’s competitors. The details are included after the example of the diagram of a three circles analysis (CSU,Global Campus 2015). Three Circles Analysis Three Circles Analysis Circle G represents the team’s consensus of what the most important customer segments need or want from the product or service.…

    • 754 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Tivo Case Study Tv's Case

    • 861 Words
    • 4 Pages

    TiVo was a service that gives consumers the ability to choose what to watch and when to watch. It was also the first digital video recorder, and put the control into the consumers’ hands instead of the networkers’. However, TiVo is best suited for networkers, as TiVo failed to market towards consumers and receive much recognition; instead, TiVo successfully partnered with networks to monitor consumer watch patterns and properly deliver ads and content. To consumers, TiVo was a liberating device that gave them control over which shows they wanted to watch and when they wanted to watch.…

    • 861 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    A recommendation for Netflix would be to continue creating Netflix original content in order to decrease outsource spending, increase viewer content, and increase revenue from subscription pricing. To maintain customer…

    • 752 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    McDonaldization Christopher Rivers DeVry University McDonaldization Let’s take a few seconds to think about how McDonaldization has made your life better. For example; online shopping, self-checkout, online education, communication, and even the way we travel. Even though McDonaldization costs thousands of people their jobs, McDonaldization helps businesses thrive because it’s far less expensive, with more control means there’s fewer human errors, and more is done in lesser time. McDonaldization is a term use by sociologist, George Ritzer in his book titled The McDonaldization of Society (1993).…

    • 1518 Words
    • 7 Pages
    Superior Essays
  • Great Essays

    Netflix Swot Analysis

    • 1450 Words
    • 6 Pages

    Weakness DVD memberships has been steadying decreasing over time. It can be said that DVDs and Blu Ray are slowly becoming the VHS of today. Individuals are more about fast paced, instant satisfaction of online streaming. Since the beginning until mid-2011, Netflix had provided their users a hybrid plan of online streaming and DVD rentals. In July of 2011, Netflix decided to split the two plans giving their customers an option of either or.…

    • 1450 Words
    • 6 Pages
    Great Essays
  • Great Essays

    PRODUCT Roku brings to the market a wide variety of products that proves itself to deliver the most excellent service and accommodation to many different types of consumers in the market. The Product Mix for Roku consists of their line of products that are powered by the company in order to deliver the best Roku experience and endless entertainment that is suitable for every type of consumers. Roku offers the Roku TV, which is already programmed by the company and allows the consumer to pick their content customize their program to match their preference. The Roku home screen can be customized to match the consumers taste.…

    • 1564 Words
    • 7 Pages
    Great Essays
  • Superior Essays

    Netflix Cost Analysis

    • 1000 Words
    • 4 Pages

    The top two competitors for Netflix are Amazon Prime with about 13% of the American household market share and Hulu Plus which has about 6.5% of the American market. With 35% of American households having broadband access and zero streaming services, there is no wonder the giant cable company Tier Warner offers HBO Go as a streaming service. Let 's not overlook the fact that there are still plenty of websites that offer pirated movies and TV shows for free with a quick search engine look. Hulu also offers a free service, along with Veoh, Crackle, and UStream (chat online while you watch live video streams). When Netflix entered the European market it "immediately found itself navigating fierce competition from local streaming services and pressure from new apps that make watching pirated movies and shows easier than ever before."…

    • 1000 Words
    • 4 Pages
    Superior Essays
  • Improved Essays

    Blockbuster Case Study

    • 1041 Words
    • 5 Pages

    I think if Blockbuster would have invested in Netflix they would still be open right now, but because of bad business choices Netflix got the better end of the deal and every Blockbuster closed down.. Personally I think its for the best because our generation is so lazy and no one wants to have to get out of the comfort of there home and drive to a store and have to deal with people. Netflix kind of fixed that problem and gave people what they wanted. When Redbox came out it was accessible outside of every grocery store or shopping center. Blockbuster soon became inconvenient to people and soon just faded away.…

    • 1041 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Blockbuster Failure

    • 605 Words
    • 3 Pages

    Many people look for convenience and Blockbuster should have tapped in to this aspect of people’s demand and compete with its adversaries to really hold its customers. This would have not only allow Blockbuster to compete but, for a company which made a name for itself, remain at the top. Companies like Redbox has adopted the concept of ease of access and convenience. It should have been a long thought plan for Blockbuster and really dissect these approaches before others taking over the fast lane well ahead of it. By doubling down, Blockbuster would have remained in the mainstream competition and most probably lead by a milestone by now.…

    • 605 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    as- All video entertainment : Netflix has made its intention very clear which is long form video entertainment whether its original content, Blockbuster movies, Old movies or documentaries. And if it scale that and get to the success may be sufficient. However, multiple other platforms are not explored by Netflix.…

    • 1090 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Netflix Marketing Mix

    • 829 Words
    • 4 Pages

    The good side of promoting their own content is that it sets Netflix apart from it’s current competitors, such as Hulu. This is mainly beneficial to the customer because Netflix original content is uploaded by seasons, which allows for binge-watching; a Netflix lover’s dream. It is bad because their own original content seems to be the only aspect of the…

    • 829 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    DVDs in Blu-ray and HD [High Definition] formats are offered by Netflix to consumers who demand more out of their home entertainment experience. One of the most critical features offered by Netflix that got the company recognition and market share is that it caters to a wide selection of people from different geographical locations and demographic groups. The variety of movies offered by Netflix, vis-à-vis its competitors, is unmatched. With the technical help provided by the company Web site combined with software that tracks and provides consumers with useful information, Netflix enjoys a competitive parity advantage in this regard. One of the main reasons Netflix enjoys this advantage is because it was the first in the market to come out with a DVD rental system that does not involve late fees, but rather includes a fixed monthly subscription fee and a software that provides assistance in simplifying the processes for the end…

    • 7315 Words
    • 30 Pages
    Improved Essays